Tom Lee, the CEO of Fundstrat, expects the price of Ethereum (ETH) to reach $15,000 by the end of 2025, based on institutional and technical factors supporting this scenario.
This came during a recent interview with CoinDesk, where he expressed his conviction that ETH will see a significant price jump in the coming months.
According to Lee, major financial institutions like JPMorgan and Robinhood are beginning to rely on the Ethereum network to run their infrastructure, making it the preferred choice for Wall Street in the blockchain space.
Mark Newton, the head of technical analysis at Fundstrat, also sees Ethereum approaching a breakout of the technical resistance level at $4,000. According to his analysis, surpassing this level could drive the currency to rise to levels between $6,000 and $15,000 by the end of 2025, supported by strong institutional momentum.